Tianjin Pengling GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Pengling GroupLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥217.2M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CN¥3.2B and CN¥964.3M respectively. Tianjin Pengling GroupLtd's EBIT is CN¥46.1M making its interest coverage ratio -3. It has cash and short-term investments of CN¥626.5M.
Key information
9.6%
Debt to equity ratio
CN¥217.18m
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥626.45m |
| Equity | CN¥2.26b |
| Total liabilities | CN¥964.29m |
| Total assets | CN¥3.22b |
Recent financial health updates
Recent updates
Investors Can Find Comfort In Tianjin Pengling GroupLtd's (SZSE:300375) Earnings Quality
Nov 05
What Tianjin Pengling Group Co.,Ltd's (SZSE:300375) 39% Share Price Gain Is Not Telling You
Oct 08Tianjin Pengling GroupLtd (SZSE:300375) Is Reducing Its Dividend To CN¥0.035
Jul 12Tianjin Pengling GroupLtd's (SZSE:300375) Conservative Accounting Might Explain Soft Earnings
May 01Why Investors Shouldn't Be Surprised By Tianjin Pengling Group Co.,Ltd's (SZSE:300375) 25% Share Price Plunge
Apr 25Tianjin Pengling GroupLtd (SZSE:300375) Has A Pretty Healthy Balance Sheet
Mar 26Earnings Not Telling The Story For Tianjin Pengling Group Co.,Ltd (SZSE:300375) After Shares Rise 36%
Mar 06Tianjin Pengling GroupLtd's (SZSE:300375) Returns On Capital Not Reflecting Well On The Business
Feb 27Financial Position Analysis
Short Term Liabilities: 300375's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥838.4M).
Long Term Liabilities: 300375's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥125.8M).
Debt to Equity History and Analysis
Debt Level: 300375 has more cash than its total debt.
Reducing Debt: 300375's debt to equity ratio has reduced from 25.9% to 9.6% over the past 5 years.
Debt Coverage: 300375's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 300375 earns more interest than it pays, so coverage of interest payments is not a concern.